HomeMy WebLinkAbout94-2-5080405
ORDINANCE 94-2- .5'10 96
AN ORDINANCE ACCEPTING AN ADDITIONAL $77,290.00 IN
HOME FUNDS, AND AUTHORIZING THE MAYOR TO EXECUTE A HOME FUNDING
AGREEMENT AND ANY ADDITIONAL DOCUMENTS NECESSARY FOR THE CITY
OF PADUCAH TO OBTAIN ADDITIONAL HOME FUNDS IN THE AMOUNT OF
$77,290.00
WHEREAS, the City of Paducah and the Kentucky Housing
Corporation entered into Home Funding Agreement No.
92-S-HR0010, dated February 22, 1993, for the Housing Renewal
Program; and
WHEREAS, a new agreement is being processed at this
time for the current year; and
WHEREAS, the Kentucky Housing Corporation requires
the City of Paducah to formally accept said additional funds.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah hereby formally
accepts additional funding from the Kentucky Housing
Corporation for the Housing Renewal Program in the amount of
$77,290.00.
SECTION 2. The Mayor is hereby authorized to execute
Home Fund Agreement No. and any additional
documents necessary for the City of Paducah to obtain
additional Home Funds in the amount of $77,290.00.
SECTION 3. The account number for this project is
08-00-09-901.
SECTION 4. This ordinance shall be read on two
separate days and will become effective upon summary
publication pursuant to KRS Chapter 424.
r
Mayo
ATTEST:
ity Clerk
Introduced by the Board of Commissioners February 15, 1994
Adopted by the Board of Commissioners February 22, 1994
Recorded by Lenita Smith, CitFebruary 22, 1994
Published by The Paducah Sun !ZA= /, /q9
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